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TB305

SHORT ON USOIL - BUT COULD BREAKOUT OF WEDGE AND BECOME LONG

CFDs on WTI Crude Oil (TVC:USOIL)  
TB305  
TVC:USOIL   CFDs on WTI Crude Oil
Wedge Support and Resistance Supply and Demand usoilshort usoillong Oil Rising Wedge
3
1
wedgepattern supportandresistance supplyanddemand usoilshort usoillong oil risingwedge
Rising wedge on the higher timeframe, price is currently touching the resistance level of the wedge which is the best place to sell from once the bears show up.

If the bears do no show up I will be looking for a break and a rest of old resistance as new support then I will get in for a buy.

However I would prefer to sell UsOil as I would be selling high.
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